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Red Sea Insurance Premium Spikes as Houthi Risks Return

Supply Chain Brain

Shipowners now have to pay about 1% of a ship’s value if they want to pass through the Red Sea, said Marcus Baker, global head of marine cargo and logistics at Marsh McLennan, the world’s largest insurance broker. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S. That’s up from 0.2%

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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

How Shanghai’s lockdown is dampening Port of Oakland volumes. Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. And now on this week’s logistics news. s CargoNet.

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This Week in Logistics News (May 4 – May 10)

Logistics Viewpoints

It’s more than doubled the number of robots deployed in its fulfillment centers and warehouses in the last three years, from 350,000 in 2021 to 750,000 by last June. The company has a variety of robots that serve different functions within the warehouse. Glovis America will operate the trucks around the Port of Oakland.

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This Week in Logistics News (April 23 – 29)

Logistics Viewpoints

USDA funding supports Port of Oakland pop-up container yard. These inventory limits determine how many units of various products sellers can send to a warehouse at any given time — thus, any changes made to inventory limits could impact whether or not a seller is able to keep enough product in stock. Department of Agriculture (USDA).

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California Freight Heats Up, Spurred By Hanjin Collapse

DAT Solutions

Even if they didn’t have cargo on Hanjin ships, big retailers are starting to shift inventory from West Coast distribution centers to other DCs farther east. Those two markets have benefited from harvests in August and September, but last week's volume may also include ocean freight from the ports of Tacoma and Oakland, respectively.

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Warehouses Are Full as Holiday Season Commences

Material Handling & Logistics

The stores and warehouses are full, and it’s time for the shopping to begin,” says Jonathan Gold, NRF’s vice president for supply chain and customs policy. A TEU is one 20-foot-long cargo container or its equivalent. Ports covered by Global Port Tracker handled 1.76 That was a 2.3% decrease from the record-setting 1.8 from last year.

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Top 5 Markets for Dynamic Warehousing Demand

FLEXE

Many retailers and wholesalers are recognizing the need to expand their warehouse networks, so they can locate products closer to customers, compete with Amazon and establish more competitive omni-channel strategies. Dynamic warehousing enables companies to expand their warehouse network without having to build, buy or staff warehouse space.